When was property at 1150 North Ocean Way built and last sold?

The property at 1150 North Ocean Way was built in 1950 and last sold on Sep 28, 2022 for $12,000,000.

How much is this home worth?

The estimated value of the home located at 1150 North Ocean Way is $0.

What are some comparable homes to 1150 North Ocean Way?

There are currently no comparable homes to 1150 North Ocean Way.

Palm Beach

33480

El Encanto

1150 N Ocean Way

$16,000,000

● Land - Off Market

1150 N Ocean Way

Palm Beach, FL 33480

Studio

0 Bath

$100,843

Est. Monthly

About This Property

This double lot on a coveted Northend street is now available with ARCOM approved plans. This 24,977 SF lot is on the corner of El Pueblo and N. Ocean Way and has beach and bike trail access. The approved ARCOM plans were designed by Internationally renowned architect, Clemens Bruns Schaub. This property was specifically designed and inspired by indoor/outdoor island-style living while taking advantage of the enormous lot. Build your dream home with these approved plans and save yourself the time and headache of going through the approval process. Or, design your own house on one of the last double lots available in the North End.

Unit Size

Days on Market

157 days

Land Size

0.57 acres

Price per sqft

Property Type

Land

Property Taxes

$17,984

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (Beaches MLS #R11015635)

Price History

Date / Event	Date	Event
Jan 30, 2025	Sold	Premium
Sold
Aug 26, 2024	Listed by Brown Harris Stevens of PB	$16,875,000
Listed by Brown Harris Stevens of PB
Oct 7, 2022	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1975
Building Count: 1
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 6
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 14
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 460
Parking Space Count: 2
Patio Type: 34
Porch Type: 126
Pool Type: 8

Dimensions

Lot Size Square Feet: 24,977

Lot Size Depth Feet: 200
Lot Size Frontage Feet: 1,250
Total Building Area: 4,767
Gross Building Area: 4,767
Building Area: 3,885
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 3,885
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: EL ENCANTO IN
Land Acres: 0000000573
Standard Land Use Code: 1001
County Land Use Code: 0100
Legal Description 1: EL ENCANTO, LTS 24 & 25

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 003507

Zoning

Zoning: R-B

Geography

Assessors Map Reference: 116

Parcel: 50-43-43-02-01-000-0240
Lot: 24,25
Meridian: SEC 02 TWN 43S RNG 43E
Municipality: PALM BEACH
Latitude: 26.7548
Longitude: -80.0378

Address

Full Address: 1150 N Ocean Way

Address - House Number: 1150
Street Direction: N
Address - Street Name: Ocean
Address - Suffix Type: Way
State: FL
City Name: Palm Beach
Carrier Code: C001
4-Digit Zip Code: 3234
Zip Code: 33480

Valuation

Tax

Total Area: 4,198

Tax Year: 2022
Tax Amount: $1,669,004
Tax Rate Code Area: 50411

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $10,394,448

Market Land Value: $10,049,085
Market Improvement Value: $345,363

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $1,016,916

Sales

Current Sale Contract Date: Sep 28, 2022

Current Sale Recording Date: Oct 07, 2022
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 404796

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About El Encanto

Stats & Trends

Median Asking:

$8,950,000

Sale Price/ft²

$3,499

Below Asking

0.01%

Average Days on Market

137

Average Home Size

3408 ft²

Average Home Age

87 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$7,000 /mo

2 Beds
1 Bath
803 ft²

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Unit for rent at 235 Sunrise Avenue, Palm Beach, FL, 33480

$4,800 /mo

Studio
1 Bath
271 ft²

235 Sunrise Avenue #3010, Palm Beach, FL, 33480 Listing by George R Arnold Jr

Unit for rent at 250 Bradley Place, Palm Beach, FL, 33480

$8,800 /mo

1 Bed
1 Bath
871 ft²

250 Bradley Place #202, Palm Beach, FL, 33480 Listing by Maryann Chopp

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Austin Whitney McGurk
Brown Harris Stevens of PB
Last Updated: 8 months ago
Data Source: Beaches MLS, MLS# R11015635

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

1150 N Ocean Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About El Encanto

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions